Research Analysts’ Recent Ratings Changes for National Grid (NG)

Several brokerages have updated their recommendations and price targets on shares of National Grid (LON: NG) in the last few weeks:

  • 1/26/2018 – National Grid was given a new GBX 877 ($12.12) price target on by analysts at Goldman Sachs Group Inc. They now have a “neutral” rating on the stock.
  • 1/23/2018 – National Grid had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 1,040 ($14.37) price target on the stock.
  • 1/22/2018 – National Grid was given a new GBX 830 ($11.47) price target on by analysts at UBS Group AG. They now have a “sell” rating on the stock.
  • 1/22/2018 – National Grid had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a GBX 1,100 ($15.20) price target on the stock.
  • 1/17/2018 – National Grid had its “buy” rating reaffirmed by analysts at Citigroup Inc. They now have a GBX 1,008 ($13.93) price target on the stock.
  • 12/19/2017 – National Grid was given a new GBX 990 ($13.68) price target on by analysts at Macquarie. They now have a “buy” rating on the stock.
  • 12/14/2017 – National Grid was given a new GBX 877 ($12.12) price target on by analysts at Goldman Sachs Group Inc. They now have a “sell” rating on the stock.

Shares of National Grid plc (NG) traded down GBX 0.60 ($0.01) on Monday, hitting GBX 748.90 ($10.35). The company’s stock had a trading volume of 9,165,286 shares, compared to its average volume of 7,760,000. The company has a market capitalization of $25,300.00 and a price-to-earnings ratio of 1,560.21. National Grid plc has a 52-week low of GBX 745.60 ($10.30) and a 52-week high of GBX 1,097 ($15.16).

In other news, insider Mark Williamson bought 43,128 shares of the stock in a transaction on Thursday, February 1st. The shares were purchased at an average cost of GBX 805 ($11.12) per share, for a total transaction of £347,180.40 ($479,663.44). Over the last 90 days, insiders acquired 43,180 shares of company stock worth $34,763,580.

National Grid plc is an electricity and gas utility company focused on transmission and distribution activities in electricity and gas in both the United Kingdom and the United States. The Company’s segments include UK Electricity Transmission, which is engaged in high voltage electricity transmission networks in Great Britain; UK Gas Transmission, which is the gas transmission network in Great Britain and United Kingdom liquefied natural gas (LNG) storage activities; UK Gas Distribution, which includes approximately four of the eight regional networks of Great Britain’s gas distribution system, and US Regulated, which includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York, and New England and electricity generation facilities in New York.

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